Personal Accident and Health Insurance in Japan, Key Trends and Opportunities to 2020

Personal Accident and Health Insurance in Japan, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Japan, Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Japanese personal accident and health insurance segment, and a comparison of the Japanese insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Japanese economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Personal Accident and Health Insurance in Japan, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Japanese personal accident and health insurance segment, including:

  • An overview of the Japanese personal accident and health insurance segment
  • The Japanese personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Japanese economy and demographics
  • A comparison of the Japanese personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Japanese personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Japan
  • Details of regulatory policy applicable to the Japanese insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Japan:
  • It provides historical values for the Japanese personal accident and health insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Japanese personal accident and health insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Japanese personal accident and health insurance segment with its regional counterparts
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Japan.
  • It profiles the top personal accident and health insurance companies in Japan, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Japanese personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Japanese personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Japanese insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • Health insurance dominated the Japanese personal accident and health segment, with a direct written premium share of 84.2% in 2015.
  • Japanese personal accident and health insurance penetration stood at 1.74% in 2015.
  • EHI is a workplace-based health scheme covering employees and dependent family members. It is compulsory for companies employing more than five individuals to provide medical insurance for employees and their dependents.
  • Japan’s population is falling due to the declining birth rate and high mortality rate. The country’s total population fell from 127.6 million in 2011 to 126.8 million in 2015.
  • Factors such as the depreciation of the yen and low consumer confidence in travelling due to increasing terrorist attacks were the reasons behind the fall in outbound tourism.


  • Key Facts and Highlights
    • Table Japanese Personal Accident and Health Insurance - Key Facts, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Japanese Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Japanese Personal Accident and Health Insurance - Gross Written Premium (JPY Trillion and US$ Billion), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Penetration (%), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Gross Written Premium (JPY Trillion and US$ Billion), 2015-2020
        • Table Japanese Personal Accident and Health Insurance - Penetration (%), 2015-2020
        • Table Japanese Personal Accident and Health Insurance - Premium per Capita (JPY and US$), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Premium per Capita (JPY and US$), 2015-2020
      • Policies sold
        • Table Japanese Personal Accident and Health Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Japanese Personal Accident and Health Insurance - Paid Claims (JPY Trillion and US$ Billion), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Paid Claims (JPY Trillion and US$ Billion), 2015-2020
      • Profitability
        • Table Japanese Personal Accident and Health Insurance - Profitability Ratio (%), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Profitability Ratio (%), 2015-2020
      • Assets and investments
        • Table Japanese Personal Accident and Health Insurance - Total Assets (JPY Trillion and US$ Billion), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Total Assets (JPY Trillion and US$ Billion), 2015-2020
        • Table Japanese Personal Accident and Health Insurance - Total Investment Income (JPY Trillion and US$ Billion), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Total Investment Income (JPY Trillion and US$ Billion), 2015-2020
        • Table Japanese Personal Accident and Health Insurance - Investment Portfolio (JPY Trillion), 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Investment Portfolio (JPY Trillion), 2015-2020
  • Outlook by Category
    • Table Japanese Personal Accident and Health Insurance - Direct Written Premium by Category (JPY Trillion), 2011-2015
    • Table Japanese Personal Accident and Health Insurance - Direct Written Premium by Category (JPY Trillion), 2015-2020
    • Personal Accident Insurance
      • Premium
        • Table Japanese Personal Accident Insurance - Direct Written Premium (JPY Trillion and US$ Billion), 2011-2015
        • Table Japanese Personal Accident Insurance - Direct Written Premium (JPY Trillion and US$ Billion), 2015-2020
      • Policies
        • Table Japanese Personal Accident Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Japanese Personal Accident Insurance - Number of Policies Sold (Million), 2015-2020
      • Claims
        • Table Japanese Personal Accident Insurance - Paid Claims (JPY Trillion and US$ Billion), 2011-2015
        • Table Japanese Personal Accident Insurance - Paid Claims (JPY Trillion and US$ Billion), 2015-2020
      • Profitability
        • Table Japanese Personal Accident Insurance - Loss Ratio (%), 2011-2015
        • Table Japanese Personal Accident Insurance - Loss Ratio (%), 2015-2020
    • Health Insurance
      • Premium
        • Table Japanese Health Insurance - Direct Written Premium (JPY Trillion), 2011-2015
        • Table Japanese Health Insurance - Direct Written Premium by Sub-Category (JPY Billion), 2015-2020
      • Policies
        • Table Japanese Health Insurance - Number of Policies Sold by Sub-Category (Million), 2011-2015
        • Table Japanese Health Insurance - Number of Policies Sold by Sub-Category (Million), 2015-2020
      • Claims
        • Table Japanese Health Insurance - Paid Claims (JPY Trillion and US$ Billion), 2011-2015
        • Table Japanese Health Insurance - Paid Claims (JPY Trillion and US$ Billion), 2015-2020
      • Profitability
        • Table Japanese Health Insurance - Loss Ratio (%), 2011-2015
        • Table Japanese Health Insurance - Loss Ratio (%), 2015-2020
  • Distribution Channel Outlook
  • Competitive Landscape
    • Table Japanese Personal Accident and Health Insurance - Leading Insurers
    • Company Profiles
      • Tokio Marine & Nichido Fire Insurance Co., Ltd - company overview
        • Table Tokio Marine & Nichido Fire Insurance Co., Ltd - Key Facts
      • Sompo Japan Nipponkoa Insurance Inc. - company overview
        • Table Sompo Japan Nipponkoa Insurance Inc. - Key Facts
      • Mitsui Sumitomo Insurance Co., Ltd - company overview
        • Table Mitsui Sumitomo Insurance Co., Ltd - Key Facts
      • Aioi Nissay Dowa Insurance Co., Ltd - company overview
        • Table Aioi Nissay Dowa Insurance Co., Ltd - Key Facts
      • American Home Assurance Company, Ltd - company overview
        • Table American Home Assurance Company, Ltd - Key Facts
  • Governance, Risk and Compliance
    • Table Japan - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Japan - Life Insurance Regulatory Framework
      • Property insurance
        • Table Japan - Property Insurance Regulatory Framework
        • Table Japan - Premium Rates for Earthquake Insurance
      • Motor insurance
        • Table Japan- Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Japan - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Automobile liability insurance
        • Table Japan - CALI Premium Rates for Different Types of Motor Vehicles (in JPY)
      • Workers' accident compensation insurance
      • Liability insurance for nuclear risks
    • Supervision and Control
      • International Association of Insurance Supervisors (IAIS)
      • Financial Services Agency
      • Local Finance Bureau of the Ministry of Finance
      • The General Insurance Association of Japan (GIAJ)
      • The Life Insurance Association of Japan (LIAJ)
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Japan - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution
  • Databook
    • Policies and Premium
      • Table Japanese Personal Accident and Health Insurance Industry - Policies and Premium, 2011-2015
      • Table Japanese Personal Accident and Health Insurance Industry - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Japanese Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Japanese Personal Accident and Health Insurance - Assets and Investments, 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Assets and Investments, 2015-2020
      • Personal accident insurance
        • Table Japanese Personal Accident and Health Insurance - Personal Accident Insurance, 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Personal Accident Insurance, 2015-2020
      • Health insurance
        • Table Japanese Personal Accident and Health Insurance - Health Insurance, 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Health Insurance, 2015-2020
      • Health insurance by product
        • Table Japanese Personal Accident and Health Insurance - Health by Product, 2011-2015
        • Table Japanese Personal Accident and Health Insurance - Health by Product, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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